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Allan Hubbard

Hubbard supporters to complain to Ombudsman

Hubbard supporters to complain to Ombudsman
Wellington, July 26 NZPA - Four supporters of South Canterbury businessman Allan Hubbard are planning to file a complaint with the Office of the Ombudsmen today.

Birnie loses bid to stay shareholder damages action

Birnie loses bid to stay shareholder damages action
Wellington, July 22 NZPA - Former Fay Richwhite banker Bill Birnie has lost a bid to stay a damages claim from investors in Birnie Capital Property Partnership (BCPP).

Hubbard to fight statutory management, supporters rally

Hubbard to fight statutory management, supporters rally
Wellington, July 16 NZPA - Supporters are setting up a trust fund for South Canterbury businessman Allan Hubbard, who said today he would fight the Government's decision to put his business interests in statutory management.

More work needed to unravel Hubbard businesses

More work needed to unravel Hubbard businesses
Wellington, July 13 NZPA - The statutory managers the Government appointed to control the interests of Timaru businessman Allan Hubbard are still unclear about many aspects of the complex web of business entities, three weeks after taking over.

Hubbard investors' assets likely frozen for some time

Wellington, July 13 NZPA - The statutory managers the Government appointed to control the business interests of Timaru businessman Allan Hubbard have warned investors not to expect any returns in the short term as they continue to work through the complicated affairs.

South Canterbury Finance names executives, still in talks

South Canterbury Finance names executives, still in talks
Wellington, July 8 NZPA - South Canterbury Finance has named a former Rabobank executive to run its so-called "good bank" and says it is continuing to talk with investors about a recapitalisation.

South Canterbury Finance gets loan repayment from Mercer

South Canterbury Finance gets loan repayment from Mercer
Wellington, July 2 NZPA - South Canterbury Finance has received $1.04 million as a result of Mercer Group Ltd shifting debt owed to South Canterbury Finance to Gresham Finance Ltd, a company associated with Christchurch-based businessman Humphry Rolleston.

NZ sharemarket ends lacklustre week with mild drop

NZ sharemarket ends lacklustre week with mild drop
Wellington, June 25 NZPA - The New Zealand sharemarket ended a lacklustre week with another restrained performance on a day in which boardroom differences at GPG erupted into the public domain.

South Canterbury Finance credit rating lowered

South Canterbury Finance credit rating lowered
Wellington, June 22 NZPA - The credit rating for South Canterbury Finance (SCF) has been lowered on concerns about its key shareholder and founder, Allan Hubbard, Standard & Poor's said today.

South Canterbury Finance changes prospectus

South Canterbury Finance changes prospectus
Wellington, June 22 NZPA - South Canterbury Finance, the finance company owned by a company associated with Allan Hubbard, has amended its current prospectus and investment statement.

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